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updated 8:09:28 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.85%
3d Period Avg−2.39%
LONG Bybit · now
+10.96%
3d avg:+7.42%
SHORT Toobit · nowCHIP-SWAP-USDT
+17.81%
3d avg:+5.03%
Entry Spread Now
−0.398%
Against youL 0.03012 · S 0.03000−$39.84 if it converges
24h range −0.53%…+0.51% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.86
−0.25%
$Avg Daily PnL
−$0.62
−0.0062%
★Best Day
+$2.21
Jul 20
◎Open Interest
⚡Funding APR
−2.26%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.